Nurix Therapeutics's 15min chart shows MACD Death Cross and Bollinger Bands Narrowing.

Wednesday, Aug 27, 2025 2:08 pm ET1min read

Nurix Therapeutics's 15-minute chart exhibits a MACD Death Cross and Bollinger Bands Narrowing at 08/27/2025 14:00. This technical indicator suggests that the stock price has the potential to continue declining and may experience decreased volatility. The MACD Death Cross is a bearish signal that occurs when the 12-period Exponential Moving Average (EMA) crosses below the 26-period EMA, indicating a downtrend. The Bollinger Bands Narrowing is another bearish indicator, as it suggests that the price is trading within a narrower range, indicating decreased volatility. These indicators collectively point to a potential decline in stock price with decreasing fluctuations in price movements.

Investors should closely monitor Nurix Therapeutics (NURX) after the company's 15-minute chart displayed significant bearish indicators on August 27, 2025, at 14:00. The chart exhibited a MACD Death Cross and Bollinger Bands Narrowing, suggesting a potential decline in stock price with decreasing volatility.

The MACD Death Cross is a bearish signal that occurs when the 12-period Exponential Moving Average (EMA) crosses below the 26-period EMA. This pattern indicates a downtrend, as it signals that the 12-period EMA has lost momentum and is now below the 26-period EMA. This is a strong indication of a potential bearish trend [1].

Additionally, the Bollinger Bands Narrowing indicates a decrease in the magnitude of stock price fluctuations. This suggests that sellers are currently in control of the market and that the price is trading within a narrower range. The Bollinger Bands are a volatility indicator that measures the standard deviation of the stock price from its moving average. When the bands narrow, it indicates that the price is less volatile and may be approaching a significant move in either direction [1].

These indicators collectively point to a potential decline in Nurix Therapeutics' stock price with decreasing fluctuations in price movements. Investors should remain vigilant and consider the implications of these technical signals on their investment strategies.

References:
[1] https://www.ainvest.com/news/nurix-therapeutics-bollinger-bands-narrowing-bearish-marubozu-15-minute-chart-2508/

Comments



Add a public comment...
No comments

No comments yet